External Debt Position
Gross External Debt Position (*)
(Information disclosed by Banco de Portugal (BP))
Updated at the end of each quarter, Date of last update : February 22, 2023
|
106 Euros |
End-of-period data |
|
|---|---|---|
|
2022 September |
2022 December |
|
|
I. General Government |
129,313 |
121,644 |
|
Short-term |
6,747 |
5,581 |
|
Currency and deposits |
878 |
350 |
|
Debt securities |
2,168 |
2,199 |
|
Loans |
958 |
670 |
|
Trade credit and advances |
31 |
31 |
|
Other debt liabilities |
2,712 |
2,332 |
|
Long- term |
122,566 |
116,062 |
|
Special drawing rights ( allocations ) |
0 |
0 |
|
Currency and deposits |
0 |
0 |
|
Debt securities |
61,379 |
54,700 |
|
Loans |
61,188 |
61,362 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
0 |
0 |
|
II . Central Bank |
104,921 |
103,934 |
|
Short- term |
101,262 |
100,438 |
|
Currency and deposits |
91,684 |
90,326 |
|
Debt securities |
0 |
0 |
|
Loans |
9,578 |
10,112 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
0 |
0 |
|
Long- term |
3,659 |
3,497 |
|
Special drawing rights ( allocations ) |
3,659 |
3,497 |
|
Currency and deposits |
0 |
0 |
|
Debt securities |
0 |
0 |
|
Loans |
0 |
0 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
0 |
0 |
|
III. Deposit-Taking Corporations, except the Central Bank |
63,832 |
66,924 |
|
Short- term |
36,032 |
38,662 |
|
Currency and deposits |
31,993 |
34,231 |
|
Debt securities |
0 |
0 |
|
Loans |
0 |
0 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
4,039 |
4,431 |
|
Long- term |
27,800 |
28,262 |
|
Currency and deposits |
18,631 |
18,929 |
|
Debt securities |
9,169 |
9,333 |
|
Loans |
0 |
0 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
0 |
0 |
|
IV. Other Sectors |
56,061 |
56,614 |
|
Short- term |
16,249 |
16,312 |
|
Currency and deposits |
0 |
0 |
|
Debt securities |
402 |
668 |
|
Loans |
2,842 |
2,826 |
|
Trade credit and advances |
12,172 |
11,992 |
|
Other debt liabilities |
833 |
826 |
|
Long- term |
39,812 |
40,302 |
|
Currency and deposits |
0 |
0 |
|
Debt securities |
18,795 |
19,859 |
|
Loans |
20,637 |
20,116 |
|
Trade credit and advances |
0 |
0 |
|
Other debt liabilities |
379 |
327 |
|
IV. Direct Investment: Intercompany Lending |
52,393 |
52,986 |
|
Debt liabilities of direct investment enterprises to direct investors |
12,224 |
12,421 |
|
Debt liabilities of direct investors to direct investment enterprises |
34,294 |
34,686 |
|
Debt liabilities between fellow enterprises |
5,876 |
5,879 |
|
Gross External Debt |
406,519 |
402,102 |
* The data on gross external debt covers only part of the external financial relations of Portugal. Indeed, gross external debt statistics do not include (a) financial liabilities arising from participation rights (i.e., shares and investment funds units related with portfolio investment; and equity capital, reinvested earnings and real estate investment regarding direct investment) and (b) any financial claims on non-residents. The International Investment Position and related stock statistics, which the Banco de Portugal publishes regularly, provides a comprehensive overview of Portugal’s financial relations with non-residents, including the aforementioned items (all external assets and the remaining external liabilities).
